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    20 W Washington St Sullivan, IN 47882

    For Lease
    $1,500 /Mo ($3 SF/Yr)

    Retail/Service - Sullivan, IN

    Lot size:
    0.12 Acres
    Days on Market:
    142
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 20 W Washington St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick
    Architectural style
    Other

    PREFERRED REALTY (812) 249-3920

    Listing agent BECKY KLINGELE (812) 249-3920 License #RB14028499

    Listing date Jul 17, 2025

    MLS# 106939 Listing URL

    Copyright © 2025 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Sullivan Retail/Service Space

    This 2,546 square foot retail or service space is located in downtown Sullivan, Indiana. The property features exposed brick walls, solid wood plank floors, and tall ceilings, blending historic character with updated amenities. The space includes storage and restrooms located towards the alley in the back of the building. The property is located at 20 W Washington Street, Sullivan, IN 47882 and is situated on a 0.12-acre lot. The space is mostly open concept.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sullivan
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.407816
    Latitude
    39.09556

    Nearby Similar for Lease

    • Contact for pricing
      4,322 SF

      Sullivan, IN Executive Office Space

      Prime Sullivan location, 2722 sq ft available
      529 Section St, Sullivan, IN 47882
      View Details

    FAQs

    What type of property is this?
    Retail space - 2546 SF retail/service space in downtown Sullivan, Indiana.
    Where is this retail space located?
    The property is located at 20 W Washington St Sullivan, IN.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location in Sullivan, IN.; - Spacious 2,546 sq ft open concept layout.; - Historic character with exposed brick walls and solid wood plank floors.
    (812) 249-3920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 W Washington St Sullivan, IN 47882
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